LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled $155.2 million, down 35% from the same quarter a year earlier, according to a shareholder letter released...
When a Top 10 list only features eight brands you know they’re something special, and the Provider Ranking of Personal Loans Apps is exactly that. The Top 5 MoneyLion roars at No. 1, like you’d expect from a money lion. At No. 2 it’s SoFi,...
There’s only one change of position in PYMNTS’ latest Provider Ranking of Personal Loan apps, but it’s a big one — there’s a new leader. Last month’s leader and runner-up have traded positions this time around. Other than that, the remaining five contenders hold the...
Like the payments to be made on a personal loan, the competitors in PYMNTS’ latest Provider Ranking of Personal Loan Apps are predictable and evenly spaced out. They’re predictable because the apps are ranked in the same order they were in last time. They’re evenly...
March 27, 2024
LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of the first lien term loan facility upon funding, using it for general corporate purposes that may include the repayment of existing debt, according to a Wednesday (March 27) press release. The […]
October 31, 2023
LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the online lending marketplace’s revenue totaled...
April 30, 2020
LendingTree has announced a strategic investment of $80 million in banking and investment service Stash, part of the latter’s Series F funding round. Other backers of Stash include T. Rowe Price...
March 23, 2020
Possible homebuyers are reportedly expected to delay their purchases and open houses have been called off, as consumers remain in their residences to slow the coronavirus, Yahoo Finance reported. One...
